<p>Is there a calculator to help calculate the loan payments during the 4 years of borrowing, adding another loan each year, providing I start repayment immediately for each loan. Obviously, each subsequent year I will have increasing monthly payments during the 4 years in college, which will then even out for the remaining years. It is kind of hard for me to figure how to estimate how much to borrow and how much my payments will be.
Oh, and this is for parent PLUS loan....</p>
<p>I would look at one of the calculator templates for Excel. You can add a page for each loan and then have a summary page which adds them all up.</p>
<p>Thanks for the suggestion. Is this what others are doinng?</p>
<p>We’re still in the first year of loans but will probably do that.</p>
<p>I am not sure how to create the summary page. Can you help out with some instructions. Thanks</p>